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Liza Phase 2 tops list for South America’s 2019 greenfield investments

South America has always been an important playing field for the oilfield service industry. As Brazil is turning more positive towards the international service players, Guyana is stealing some of the thunder as the country is emerging as an...

GIPEX postponed: organizers eyeing Q3 2019

The Guyana International Petroleum Exhibition (GIPEX), originally scheduled to be held in March 2019, has been postponed to the 3rd quarter of the year. The inaugural event, held from February 7 to 9, 2018, at the Guyana Marriott Hotel, was...

ExxonMobil says efforts to develop local capabilities will continue

ExxonMobil Guyana says it will continue to play a major role in the development of local content in the South American country as first oil approaches. The company reiterated this at a time when multiple potential developments are expected...

Equatorial Guinea could end oil service contracts over failure to comply with local content rules

Major oil companies in Equatorial Guinea could be asked by the end of September to cancel their contracts with service providers such as TechnipFMC, Schlumberger and Subsea 7 SA because they aren’t complying with local-content rules over training and...

Guyanese companies making progress in preparation for first oil – CLBD Director

Guyanese businesses have improved their systems and are successfully joining the supply chain for the South American nation’s emerging petroleum industry. So says Project Director of ExxonMobil Guyana's Center for Local Business Development (CLBD) Patrick Henry who disclosed that over...

Liza sub-sea contractor gets EPC job for Zinia development

TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 meters. The contract covers the Engineering, Procurement and Construction of subsea equipment...

Saipem contracts Guyanese company for shorebase services

Saipem America Incorporated has indicated that it will be contracting a Guyanese company to provide shore-base services for its operations in the Liza Field in the Stabroek Block. The company - a tier one contractor of ExxonMobil Guyana – has been...

GIPEX has exceeded expectations – Exxon Country Manager

ExxonMobil Guyana Country Manager, Rod Henson, believes that the Guyana International Petroleum Exhibition and Summit which opened on Wednesday has exceeded expectations by attracting a high degree of participation from major players in the industry in what is just...

All systems in place for GIPEX 2018

Preparations were in high gear over the weekend at the Guyana Marriott Hotel for the staging of the South American country’s first official oil & gas summit and exhibition set to get underway on Wednesday. Workers were busy setting up...

GIPEX Platinum sponsor ready to deliver on ‘every need of O&G sector’

Guyana International Petroleum Exhibition and Summit (GIPEX) 2018 Platinum Sponsor GTT, a telecommunications service provider in Guyana, says it is ready to deliver on “the every need of the oil and gas sector” in the South American country and...

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Welligence says Chevron must tread carefully operating in Guyana because of border controversy 

Following the closure of the Chevron-Hess merger, market intelligence firm Welligence is advising that Chevron, now holding a 30%...